Case 2: VMI Supply Chain for Electronic Plastic Parts in Southeast Asia

Customer background: A listed company in Vietnam specializing in the production of smart home appliance controllers, with an annual procurement amount of $12 million
Core challenge:
We need to purchase 12 types of plastic parts from 5 suppliers, with an inventory turnover of 45 days
The mold development cycle is long, and the delay rate of new product launches is 32%
Frequent small orders, with logistics costs accounting for up to 9%
Jinxin Solution:
Centralized supply chain: integrated into 2 strategic suppliers, sharing mold resources
VMI model: Establishing a bonded warehouse in Ho Chi Minh City to achieve JIT distribution
Collaborative design: dispatching plastic engineers to participate in the early development of products
Quantitative results:
Reduce supplier management costs by 65%
Inventory turnover days compressed to 18 days
New product launch cycle shortened by 40%